Ticker Options Intelligence

GTN options intelligence

Gray Television Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 29 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:31 · complete available chain

Options-market disagreement

Mixed pressure

GTN currently carries mixed options pressure with a 29/100 conviction score. The nearest-chain expected move is 24.6%, with volume/open-interest participation at 0.01.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Mixed

Options-market disagreement

Expected move 24.6%

Wider near-term move priced

Activity / OI 0.01

Current volume is quieter versus prior open interest

Put-call 0.96

Balanced tape

Trend fit 60

Options are not fully confirming trend

Weekly backdrop +0.0%

RS -20.8

Expected move 24.6%
Put-call volume 0.96
Volume / OI 0.01
Reference IV 1.61
Max pain 5.00
Underlying 3.96
Nearest expiry 21 Aug 2026
Contracts 42

Options Intent Radar

Earnings/event positioning

80/100
Primary intent Earnings/event positioning

Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Earnings/event positioning matters because it connects the options headline to the actual evidence: $3185 of estimated gross traded notional, puts · 22-45 days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+8
1W price+0.0%
Call premium33%
Put premium67%
Notional split C 33% / P 67% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.01 Volume divided by open interest across the visible chain.
Trend fit 60/100 Agreement between options pressure and Sharemaestro market context.
Event window 7 Aug Matched earnings event is 8 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Conviction clusters Puts · 22-45 days · ITM
Puts · 22-45 days · ITM puts cluster with 25 contracts traded, $2125 estimated gross traded notional, and 67% of visible notional.
$2125
Calls · 91+ days · OTM calls cluster with 16 contracts traded, $490 estimated gross traded notional, and 15% of visible notional.
$490
Calls · 22-45 days · ITM calls cluster with 2 contracts traded, $410 estimated gross traded notional, and 13% of visible notional.
$410
Calls · 46-90 days · OTM calls cluster with 6 contracts traded, $150 estimated gross traded notional, and 5% of visible notional.
$150
Calls · 22-45 days · OTM calls cluster with 2 contracts traded, $10 estimated gross traded notional, and 0% of visible notional.
$10

Setup Classification

Opportunity and risk frame

Context, not advice
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Activity Anomaly

Above normal

67

Activity is running above the recent historical baseline.

Volume rank50th
Volume/OI rank50th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close3.96
1W+0.0%
RS-20.8
Fair value-17.7%
Options pressure8
Speculation3
Volatility96
Trend fit60

Today Versus Normal

Stored-options context

View history
Expected move 24.6% near normal
30d avg 29.4% · 2 reads 50th
90d avg 29.4% · 2 reads 50th
180d avg 29.4% · 2 reads 50th
IV 1.61 elevated
30d avg 1.60 · 2 reads 100th
90d avg 1.60 · 2 reads 100th
180d avg 1.60 · 2 reads 100th
Put-call 0.96 elevated
30d avg 0.48 · 2 reads 100th
90d avg 0.48 · 2 reads 100th
180d avg 0.48 · 2 reads 100th
Volume/OI 0.01 near normal
30d avg 0.02 · 2 reads 50th
90d avg 0.02 · 2 reads 50th
180d avg 0.02 · 2 reads 50th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:28 Volatility
Pressure 100
Move 34.1%
30 Jul 02:31 Mixed
Pressure 8
Move 24.6%

Strike Map

Where activity is clustering

Full strike map
Strike2.50
Calls · V 2 · OI 38
Puts · V 0 · OI 2
Strike5.00
Calls · V 0 · OI 2421
Puts · V 25 · OI 68
Strike7.50
Calls · V 2 · OI 460
Puts · V 0 · OI 4
Strike10.00
Calls · V 0 · OI 6
Puts · V 0 · OI 4

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts8
Avg IV1.61
Put-call6.25
Expiry18 Sep 2026
Contracts6
Avg IV0.67
Put-call-
Expiry16 Oct 2026
Contracts8
Avg IV0.71
Put-call-
Expiry20 Nov 2026
Contracts6
Avg IV0.87
Put-call-
Expiry18 Dec 2026
Contracts8
Avg IV0.82
Put-call-

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.82
Put IV1.12
Skew0.29
18 Sep 2026Put IV premium
Call IV0.64
Put IV0.76
Skew0.12
16 Oct 2026Put IV premium
Call IV0.21
Put IV0.61
Skew0.40
20 Nov 2026Call IV premium
Call IV0.76
Put IV0.51
Skew-0.24
18 Dec 2026Put IV premium
Call IV0.72
Put IV0.88
Skew0.17

Contract Tape

Most active contracts

Full contract tape
ContractGTN260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume25
OI68
IV0.81
ContractGTN270219C00007500
SideCall
Expiry19 Feb 2027
Strike7.50
Volume10
OI88
IV0.68
ContractGTN261016C00005000
SideCall
Expiry16 Oct 2026
Strike5.00
Volume6
OI904
IV0.21
ContractGTN261120C00005000
SideCall
Expiry20 Nov 2026
Strike5.00
Volume5
OI862
IV0.76
ContractGTN260821C00007500
SideCall
Expiry21 Aug 2026
Strike7.50
Volume2
OI460
IV1.08
ContractGTN260821C00002500
SideCall
Expiry21 Aug 2026
Strike2.50
Volume2
OI38
IV2.83
ContractGTN261218C00005000
SideCall
Expiry18 Dec 2026
Strike5.00
Volume1
OI661
IV0.72
ContractGTN261218P00002500
SidePut
Expiry18 Dec 2026
Strike2.50
Volume-
OI2855
IV0.88